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Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing propos ....
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing propos ....
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing propos ....
For most of the year. But recently there have been signs spending may be slowing, or at least taking a breather. Today, that notion was put on the ba burner when a Retail Trade Group issued an upbeat forecast said it expects americans to spend a lot this Holiday Season. The most important time of the year for Courtney Reagan reporte you may just be warming Pumpkin Spice latte season but its time to start thinkin about holidays. Sure there is an ele unlike any other and potential rate hike between now and christmas, but neither donald trump, hillary or janet yellen are wearing their scrooge suits. Th National Retail federation is projecting a 3. 6 increase over last year. Stronger than last years 3 growth, ....
Coastline. Now, thats good in one way. You never bring the eye on land. Essentially we keep pounding the water against the shoreline and were getting storm surge in a number of spots, and, of course, were getting wind damage up and down the coast. Thats the satellite part of it. Now, one thing were starting to see shape up now is a tornado threat. Believe it or not. We had a Tornado Warning out over the georgiaflorida line. That has been now extending farther to the north in terms of the tornado threat. Its a low threat for many. Its a moderate threat at the coastline of south carolina. This is going to last all the way into the evening. The storm track this is why. You can see its coming up along the coastline, and paralleling the shore through south carolina. It may come very close to the coastline around charleston. As we get into the day tomorrow, then eventually south of north carolina. There is another threat. Its the threa ....